Marcus & Millichap Brokers $3.7M Sale Of Retail Property In Lexington South Carolina
808 Highway 378
$3,700,000
$528/SF
Building Size
7,000 SF
Asset Type
Retail
Closing
Jul 7, 2026
AI
808 Highway 378 is a retail property located in Lexington, SC. The fully leased asset encompasses 7,000 square feet and was sold for $3,700,000, reflecting a price per square foot of $529.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,700,000
- Square Footage: 7,000 SF
- Price Per Square Foot: $529
- Address: 808 Highway 378
- Market: Lexington, SC
The property was acquired by a New Jersey-based private investor. Brokers involved in the transaction include Seth Goldberg, Alan Cafiero, Brent Hyldahl, and Benjamin Yelm, who represented the buyer, with Ben Yelm also serving as Marcus & Millichap's broker of record in South Carolina.
Players
Lexington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93